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Milimani Law Courts [File]
The liquidator appointed by the High Court to manage the folding of United Insurance was yesterday asked to explain the expenditures incurred during his tenure.
Kamal Anantroy Bhatt, who was appointed in 2024 appeared before Commercial High Court Judge Francis Gikonyo and was questioned on whether he had the green light from the creditors to draw his salary and pay Sh20 million to a law firm, 10 days after his appointment.
Bhatt informed the court that each coin spent under his leadership was well documented and he was ready to present the details to the court if asked to.
